Asian markets ended higher on Thursday tracking Wall Street gains overnight after data showed US inflation grew at a slower pace than expected in July that eased recession fears and worries about aggressive monetary tightening in the United States, the world’s largest economy. Chinese shares surged despite ongoing tension between China and Taiwan. China's Taiwan Affairs Office issued a white paper laying out how China intends to claim Taiwan through a range of economic incentives and military pressure. Meanwhile, Japanese markets were closed for Mountain Day holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,281.67 | 51.65 | 1.60 |
Hang Seng | 20,082.43 | 471.59 | 2.40 |
Jakarta Composite | 7,160.38 | 74.14 | 1.05 |
KLSE Composite | 1,505.56 | 13.23 | 0.89 |
Nikkei 225 | -- | -- | -- |
Straits Times | 3,301.96 | 15.63 | 0.48 |
KOSPI Composite | 2,523.78 | 42.90 | 1.73 |
Taiwan Weighted | 15,197.85 | 258.83 | 1.73 |
